This MetaTrader 4 expert advisor functions as a local trade copier, allowing users to replicate trades from one terminal to another. It operates by sharing a data file between a master and a slave instance on the same computer or filesystem. The slave EA manages order execution, including market, limit, and stop orders
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Expert Advisor Library
1,978 free, open-source expert advisors for MetaTrader 4 and 5, each linked to its source code on GitHub.
Type
Trading robot 41Trade manager 2Risk & protectionNews tradingCopier & bridge 6Framework & template 4Collection 47Utility
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This collection for MetaTrader 4 provides a variety of expert advisors and utilities intended for automated trading and educational use. The primary component is a moving average crossover robot that opens positions based on trend direction. It features risk management tools including percentage-based stop losses, take
This repository provides a diverse library of expert advisors and technical indicators for MetaTrader 4. The collection includes robots utilizing moving average crossovers, MACD trend-following signals, and mean-reversion strategies based on Bollinger Bands. A notable inclusion is a Martingale robot that scales lot siz
This MetaTrader 4 expert advisor functions as an automated trading robot using the Average Directional Index (ADX) to identify trend strength and direction. It executes trades based on ADX crossovers and specific level thresholds. The EA provides essential risk management tools, including stop loss, take profit, and a
LIVMOR is a MetaTrader 4 expert advisor found within this repository of over fifty automated trading tools. It utilizes technical indicators such as MACD, Stochastic, and moving averages to identify entry points, while also offering manual price entry options. The EA manages risk through user-defined stop loss and take
This Expert Advisor framework for MetaTrader 4 provides a modular template for building custom trading strategies. It handles complex trade management tasks, including multi-symbol execution, margin-based position capping, and various lot-sizing algorithms such as risk percentage or fixed volume. Risk controls include
This MetaTrader 4 template provides a modular framework for developing expert advisors. It organizes trading logic into decoupled components including signal engines, order management, and environment checking. The system uses an abstract controller class to handle data processing from multiple sources, such as MACD or
This repository contains the MQL source code used by Forex Strategy Builder Professional to export automated trading strategies to MetaTrader 4 and MetaTrader 5. It serves as a standardized template for executing technical strategies generated by the software, handling order execution and trade management. The EA inclu
This MetaTrader 4 expert advisor operates two concurrent strategy groups based on technical indicators. It primarily utilizes Bollinger Bands and Envelopes to identify market entries for automated trading. The robot employs a position scaling approach, using lot multipliers and fixed-distance grid additions to manage t
This MetaTrader 4 repository contains a collection of expert advisors, primarily focused on an Ichimoku-based strategy with neural network capabilities. The main EA utilizes an external API for AI-driven signals and incorporates risk controls such as Martingale lot scaling, trailing stops, and spread filters. It suppor
This repository contains a collection of MetaTrader 4 expert advisors, including the Ariel Turtle Bot and several named variants like Elisa, Cary, and Faith. The primary logic utilizes Donchian Channel breakouts combined with Simple Moving Average filters to identify trend-following entries. The software includes compr
This MetaTrader 4 repository contains a collection of expert advisors, primarily focused on the MultiTrader dashboard and various technical utility robots. MultiTrader functions as a multi-symbol management tool that monitors dozens of currency pairs simultaneously, using high and low percentage levels for trade execut
This repository features a vast collection of over 1,100 open-source Expert Advisors for the MetaTrader 4 platform. It serves as an educational library containing diverse trading strategies, including trend following, breakout, scalping, and mean-reversion systems. The collection explicitly includes high-risk methodolo
This repository contains a collection of MetaTrader 4 expert advisors developed for MQL4 programming tutorials. It includes various trading strategies ranging from simple moving average crossovers to complex martingale and grid systems. The provided examples demonstrate order layering with configurable lot multipliers,
This MetaTrader 4 expert advisor functions as a communication interface between the terminal and an external Python-based reinforcement learning model. It utilizes deep Q-learning to determine trading actions at every price tick, passing market data through local files to the external script. The system implements a ma
The Falcon is a MetaTrader 4 expert advisor designed for automated trading using a combination of moving averages and Keltner Channels. It utilizes trend-following logic for entries and incorporates advanced position sizing features, including percentage-based risk, adaptive volatility sizing, and margin-per-lot constr
This repository is a comprehensive collection of over 500 MetaTrader 4 expert advisors, including various third-party robots and specialized trading tools. The library contains a wide range of strategies such as trend following, scalping, and grid trading. Individual files like the Ultimate Trader EA utilize historical
This MetaTrader 4 expert advisor provides a robust framework for developing automated trading strategies. It includes pre-built modules for trend detection using ADX and Moving Averages, alongside pullback entry logic. The template emphasizes risk management, featuring percentage-based lot sizing and adaptive volatilit
This repository is a large collection of over 2,400 MetaTrader 4 and 5 files, including expert advisors, utilities, and indicators. It includes a trade copier client that synchronizes positions via socket libraries. The systems manage trades through sophisticated risk controls like equity-based trailing stops, cycle-pe
This MetaTrader 4 repository hosts a large collection of automated trading systems, including the Aladdin 9 FX expert advisor. This specific tool identifies entries using the Commodity Channel Index and a Moving Average filter. It operates using a grid-based logic combined with martingale lot scaling, controlled by a l
This repository hosts a collection of MetaTrader 4 expert advisors, with a primary focus on automated candlestick pattern trading via CandleBot. This robot monitors for numerous formations including hammers, engulfing candles, and stars to execute trades. It incorporates risk management through fixed lot sizes or depos
This repository contains an extensive collection of over 200 Expert Advisors developed for the MetaTrader 4 and MetaTrader 5 platforms. The files range from individual strategy implementations like CCI multi-pair and cycle-based trading to comprehensive testing frameworks. The primary featured Expert Advisor includes a
This repository contains a collection of MetaTrader 4 and 5 expert advisors primarily focused on grid and martingale trading strategies. The included robots utilize multiplier-based lot scaling, geometric progression, and fixed-distance grid layering to manage positions. The suite features specialized dashboards for mo
Chinaliyue MT4 EA Collection is a repository of various expert advisors and trading utilities for MetaTrader 4. The collection features several manual trading panels that allow users to execute orders with predefined stop loss and take profit levels. It includes management functions such as trailing stops and break-eve
This expert advisor facilitates trade replication between MetaTrader 4 and MetaTrader 5 platforms using TCP communication. It functions as either a sender or a receiver, allowing cross-platform signal transfer. The tool includes a lot size multiplier to scale positions on the receiving side and requires IP and port con
A diverse collection of MetaTrader 4 and MetaTrader 5 resources developed by Yousuf Mesalm. The repository features various utilities including interactive trading panels, multi-strategy dashboards, and automated expert advisors. These tools provide manual trade management options like partial closing and automated exe
This repository is a diverse collection of MetaTrader 4 and 5 expert advisors, including signal-based robots, grid traders, and utility scripts. The featured expert advisor provides a versatile framework for trade management with options for trailing stops, break-even logic, and ECN broker compatibility. It includes co
This MetaTrader 4 expert advisor is a management utility designed to handle orders opened by other martingale robots. It monitors trade sequences and applies hedging to the initial low-lot positions to mitigate drawdown. The tool provides automated risk controls including fixed take profit, stop loss, trailing stops, a
This repository provides a collection of MetaTrader 4 expert advisors and indicators designed for automated trading and technical analysis. The EAs implement various strategies such as trend-following, candle pattern recognition, and tick movement analysis. Risk management features across the files include standard sto
This repository is a comprehensive backup of trading resources from the defunct fxcodebase community, containing a diverse collection of expert advisors for MetaTrader 4 and 5. The archive serves as a repository for legacy source code, featuring strategies ranging from RSI crossovers to advanced hedging and martingale
This repository is an extensive collection of MetaTrader 4 expert advisors and source code components written in MQL4. It includes over 70 files featuring diverse trading strategies such as Sanity TREND for trend following and various robots utilizing divergence-based entries. A significant portion of the code is based
This MetaTrader 4 expert advisor implements a correlation-based hedging strategy between two instruments, typically UKOIL and USOIL. It monitors the price spread between the two assets, opening buy and sell positions simultaneously when the spread expands or narrows beyond defined thresholds. The EA manages exits based
This repository contains an extensive collection of over 250 expert advisors and utility scripts for MetaTrader 4. The library features various automated robots, manual trade panels, and risk management tools. It includes specialized folders for hedging strategies, pending order assistants, and multi-indicator monitors
This MetaTrader 4 expert advisor executes trades based on three selectable technical indicators: Moving Averages, the Alligator indicator, or a custom channel strategy referred to as Rasim Line. It identifies trends and price levels to enter positions automatically. The EA manages risk through user-defined stop loss an
This repository features a collection of MetaTrader 4 expert advisors, primarily focused on a multi-strategy system named Complete Robot. The main EA utilizes a combination of technical indicators including Moving Averages, MACD, Bollinger Bands, and Stochastic oscillators for market entry. It employs a grid-based appr
This repository contains a collection of MetaTrader expert advisors for MT4 and MT5, featuring various algorithmic trading strategies. The primary EA, North East Way, implements a multi-currency grid and martingale system focused on mean reversion for correlated pairs such as AUDNZD and NZDCAD. It manages risk through
This MetaTrader 4 expert advisor is an automated trading robot developed using the fxDreema visual building framework. It utilizes an adaptive Relative Strength Index for market analysis and trade execution. The system features risk management controls based on account percentages, including inputs for balance-based si
This MetaTrader 4 expert advisor implements an averaging strategy that manages trades by opening additional layers at predefined intervals when the market moves against the initial position. It features modes for both averaging up and down, with the ability to alternate between buy and sell orders. The EA includes risk
This repository functions as a large collection of over 170 MetaTrader 4 expert advisors provided in source code format for further development. The library includes various automated trading robots based on popular technical indicators such as Heiken Ashi, RSI, Stochastic, and MACD crossovers. The included files utili
This MetaTrader 4 utility acts as a bridge between custom technical indicators and Telegram channels for signal distribution. It monitors specific indicator buffers to identify trade entries and transmits alerts to a designated chat via the Telegram API. The tool is specifically configured for binary options workflows,
This MetaTrader 4 expert advisor implements a trend-following strategy using exponential moving average crossovers. It automates trade entries when momentum shifts and manages exits based on a user-defined reward-to-risk ratio. The system features a dynamic position sizing algorithm to adjust lot sizes relative to acco
This expert advisor for MetaTrader 4 executes a trend-following strategy using technical indicators. It calculates entry signals by monitoring moving averages and utilizes price envelopes as a volatility filter. The system also tracks the Average True Range to evaluate momentum and market shifts. Risk management includ
This repository contains the Forex Algos Collection, a suite of over forty MetaTrader 4 expert advisors centered around the Aeron Forex Auto Trader robot. This primary EA implements a grid-based entry system combined with martingale lot scaling, where position sizes increase significantly via a multiplier factor after
This MetaTrader 4 expert advisor uses the Average Directional Index to identify and trade market trends. It implements a volatility-based risk management system using the Average True Range to calculate stop loss and take profit levels dynamically. The strategy includes a configurable martingale lot scaling mechanism a
This MetaTrader 4 expert advisor is a management tool designed to execute and handle trading strategies using martingale lot scaling. It uses HTTP and JSON libraries to potentially interface with external configurations or signals, supporting multiple strategies at once. The EA features a 20-level lot sequence system,
This MetaTrader 4 expert advisor is designed for both Binary Options and standard Forex trading. It operates using a martingale lot scaling system that increases position sizes based on calculated steps and profit targets. The EA includes risk management features such as fixed lot sizing or balance-based percentage ris
This MetaTrader 4 repository contains a collection of expert advisors utilizing various technical indicators for Forex trading. One included EA uses Keltner Channels and Average True Range to determine market entries and exits. It features configurable risk management, including fixed or percentage-based lot sizing, st
This repository contains a collection of MetaTrader 4 expert advisors and utility functions. The primary component is a multi-symbol dashboard that manages trades using specialized indicators and various exit strategies. It features advanced trade management tools including multiple trailing stop methods such as ATR, B
Learn how to use expert advisors
Free, plain-English guides: find an EA, install it, set it up, test it and run it safely.
- 1Types of EAsRobots, trade managers, copiers and risk tools, and what each is for.
- 2Using this librarySearch, filters, badges and what our checks do and do not mean.
- 3Install an EA in MT4 or MT5Data folder, compile, attach to a chart and switch on algo trading.
- 4EA settings explainedLot size, stop-loss, magic number, max spread and trading hours.
- 5Backtest in the Strategy TesterModelling, spread, the report and the over-fitting trap.
- 6Choose a safe EAA checklist for the code, the logic, the evidence and the fit.
- 7Run an EA 24/7VPS, forward testing on demo and going live small.
- 8Open-source EAs on GitHubLicences, compiling in MetaEditor and editing inputs safely.
- 9Forex robots: an honest guideWhat automation can and cannot do for you.
About the EA Library
The ForexR EA Library collects open-source expert advisors for MetaTrader 4 and MetaTrader 5 that are published on GitHub. Each entry links to the original repository, so you always get the author's latest code, issues and licence straight from the source. Star counts, last updates and licences are synced from GitHub every hour, and new repositories are added every week.
Every repository is checked automatically before it is listed: it must contain readable MQL source code for a real expert advisor, and repositories that ship executables, hide downloads behind archive passwords or show signs of bought stars are left out. The summaries and tags are written automatically from each repository's README and code. They describe what an EA does; they are not a recommendation, and nothing here is tested or endorsed by ForexR.
Trading with expert advisors is risky. Backtest any EA and run it on a demo account before you trust it with real money. CFDs and leveraged forex are complex instruments with a high risk of losing money rapidly.
EA Library FAQ
What is an expert advisor (EA)?
An expert advisor is a program that runs inside MetaTrader 4 or MetaTrader 5. It can open and close trades on its own, manage trades you opened (trailing stops, break-even, partial closes), protect the account, or connect MetaTrader to other tools such as Telegram or Python. EAs are written in MQL4 (MT4) or MQL5 (MT5).
Are the EAs in this library free?
Yes. Every EA listed here is published on GitHub with its source code, so you can read, download and compile it at no cost. Check each repository's licence before reusing the code in your own projects: some EAs state no licence at all.
Are these EAs safe to use?
ForexR lists only repositories with readable MQL source code and never hosts files. Repositories that ship executables, ask you to disable antivirus, hide downloads behind passwords or show signs of bought stars are left out automatically. That does not make any EA profitable or bug-free: read the code, backtest it in the Strategy Tester and run it on a demo account first.
How do I install an EA in MT4 or MT5?
Download the source from GitHub, open MetaTrader, choose File, then Open Data Folder, and copy the .mq4 (MT4) or .mq5 (MT5) file into MQL4/Experts or MQL5/Experts. Open it in MetaEditor and press Compile, then drag the EA from the Navigator onto a chart and allow algorithmic trading.
How does ForexR choose which EAs to list?
A crawler searches GitHub every week for MetaTrader repositories, reads their code and keeps those that contain a real expert advisor and pass the safety checks. Stars, updates and licences are refreshed from GitHub every hour. Summaries are written automatically from each repository's README and code, so treat them as a guide and check the source.
What do "High risk", grid and martingale mean?
A grid EA opens a ladder of orders at fixed distances; a martingale EA increases the lot size after losses. Both can show smooth equity curves for a long time and then lose a large part of the account in one strong trend. EAs that use either are marked High risk, and you can hide them with the "Hide grid and martingale" filter.
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